Adobe beats, CEO exits

Wall Street Breakfast · Mar 13, 2026 · 5m

Adobe (ADBE) slips despite record Q1 results; long-time CEO reveals plan to step down. (00:13) U.S. grants 30-day waiver for purchases of Russian oil stranded at sea. (01:22) Meta Platforms (META) delays rollout of new AI model ‘Avocado’ amid performance concerns, NYT reports. (02:34)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Friday: ADBE, ULTA, and moreNews Quiz: Friday, Mar. 13Apple cuts App Store commission fees in China to 25%More tariffs? U.S. launches new trade probes into 60 economies over forced laborRetail jolt: Amazon plans to move Prime Day into June…